Internal Revenue Department Urges Consumers to Participate in Taxpayer Incentive Gift Program
Summary
The Inland Revenue Department of Nepal has launched a taxpayer incentive gift program encouraging consumers to register original bills for cash transactions over Rs 100, with daily and bumper cash prizes awarded to motivate tax compliance.
Key Points
- Inland Revenue Department urges consumers to register original bills for cash transactions over Rs 100 for a taxpayer incentive gift program.
- Consumers paying via QR payments do not need to register bills as the transaction numbers are automatically counted.
- A new website prize.ird.gov.np has been launched for consumers to upload their bills and participate in the gift program.
- The program offers daily cash prizes of Rs 1 lakh and bumper prizes of Rs 10 lakh every 15 days to encourage tax compliance and bill culture.